In the wake of the SEC's cyber security examinations and a subsequent report, three causes for celebration and three serious action items have emerged from the SEC's recent cyber security examinations. These illustrate where the financial services industry should focus its information security efforts.

Every quarter, investment bank Berkery Noyes compiles an analysis fintech M&A trends. Berkery's managing director John Guzzo shares his insights on trends to look out for in the fintech market next year.